Innovation is a fundamental source of competitive advantage in business and is critical to organisations of all sizes and sectors. It changes our thinking and products, is a dynamic, complex and open process and involves many players and parts of an organisation. Managing innovation requires a sound understanding of the nature of the innovation process, which has changed radically over recent years.
Presenters
Key Benefits
Through attending this course, you will be able to:
- Understand the critical strategic importance of innovation for all organisations
- Demonstrate awareness of the strategic and operational managerial frameworks and tools necessary for innovation leadership
- Develop your own innovation leadership capabilities and assess the unique situation in your workplace, as well as analyse current problems and identify possibilities for development in your own context
- Measure and assess the real returns of innovation leadership
- Engage with leading experts who will provide rapid exposure to new ideas, perspectives and ways of thinking about innovation leadership
Course Outline
(Full details will be provided at commencement of course)
- What is innovation and why is it important
- Models of innovation
- The Innovation Value Chain
- What’s wrong with 20th century approaches to strategy and innovation
- Discovering strategy through innovation
- Value innovation and strategic thinking
- Protecting innovation
- Innovation technologies
- Open innovation
- Business model innovation
- Innovation networks and collaboration
- Introduction to portfolio planning and portfolio construction
- Idea selection and stage-gate
- Case studies
- Executive presentation
- Presentation of case studies
- Individual challenges
- Future directions for innovation
- Integration and application
Venue
Timing
Eligibility
Course Credit
This course may be taken for credit toward the University of Queensland program, the Graduate Certificate in Executive Leadership and possibly the MBA. If you are interested in completing the additional assessment or enrolling in the Graduate Certificate in Executive Leadership please advise us when you register for the course.
Who Should Attend?
Middle and upper level executives that have at least 5 years of people, project or functional management experience. Participants should be involved in innovation management, R&D or strategy and looking to develop their organisation’s innovative capabilities.
Assessment
All participants are required to complete a selection of tools, assessments, readings, group projects and other items prior to and as part of the course. After successfully completing these items and attending the course, participants will be issued with the certificate of participation. If this course is taken for University credit a number of Formal University Assessment items will also need to be completed.
Investment
$4,960 Fee includes tuition, course materials, morning tea, lunch and afternoon tea each day and a formal dinner.
* Please note GST does not apply to Executive Education courses.
